Tuesday, August 23, 2016 2:24:49 AM
I consider this the calmness before the storm.
We just survived the bad news from the DEA without to much of a price drop off.
I expect september to be the last month at a good entry price in most marijuana stocks. Maybe October but I wont gamble and wait that long.( good ones will be higher by then) Lets face it this whole sector is going to go up.
Many People that were burned in he past 2 years that bought high including myself.
Some are reluctant to invest more and try again and they will miss out.
The whole sector started to go down when Florida failed to pass by 2.5 percent. There should be a better out come this time that will blow this pot bubble bigger and badder than ever before! (If you think youre unhappy now with your losses just wait until the elections and when you see what your gains would have been)
Regardless of how much dilution or how good or bad this company performs the price of the stock will go up
Come Nov on increased volume alone...
The real test for this company and many others to get out of the pennies and into the dollars will be the election results.
If you want to double maybe triple your money you can buy now and sell right before the elections for a safe and very profitable play.
If you want to be RICH and I mean really RICH you will gamble and hold for the voting results.
If California and Florida pass this stock and sector will SKYROCKET. Anyone who put in over 10,000-20,000 into PHOT stock at its price now will become a millionare if there is a clean sweep by Cali , Arizona , Nevada and Florida. The risk vs reward is definetly worth it for me.
Ive invested in this sector long enough. Ive made money in 2012 and 2014 and lost money when it went back down. I was in CANV and MJNA then. I moved all my interests into PHOT now because I believe it has the highest stock price growth potential. Not because I believe its the best company. I am almost certain it will make a 50x -150x run depending on voting results. I think other popular good stocks like MJNA will see returns of 10x-30x
Hillary wins and she promises to reschedule to level II status.
There are major catalysts coming over the next 3-6 months for this sector and maybe even much longer.
Recent PHOT News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:37:01 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/02/2024 09:22:33 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 07/19/2023 08:43:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/19/2023 01:36:57 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM